C Bradford Richmond Buys 1,200 Shares of BJ’s Restaurants (NASDAQ:BJRI) Stock

BJ’s Restaurants, Inc. (NASDAQ:BJRIGet Free Report) Director C Bradford Richmond bought 1,200 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $35.10 per share, for a total transaction of $42,120.00. Following the acquisition, the director owned 16,700 shares of the company’s stock, valued at $586,170. This represents a 7.74% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

C Bradford Richmond also recently made the following trade(s):

  • On Friday, March 6th, C Bradford Richmond bought 1,000 shares of BJ’s Restaurants stock. The stock was purchased at an average price of $34.50 per share, with a total value of $34,500.00.

BJ’s Restaurants Stock Performance

Shares of NASDAQ BJRI opened at $35.18 on Friday. BJ’s Restaurants, Inc. has a 1 year low of $28.46 and a 1 year high of $47.02. The firm has a market cap of $745.82 million, a P/E ratio of 16.36, a PEG ratio of 1.14 and a beta of 1.32. The stock has a fifty day moving average price of $41.67 and a two-hundred day moving average price of $36.94. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.40.

BJ’s Restaurants (NASDAQ:BJRIGet Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.06. The company had revenue of $355.40 million for the quarter, compared to the consensus estimate of $353.71 million. BJ’s Restaurants had a return on equity of 13.82% and a net margin of 3.49%.The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.47 EPS. Research analysts forecast that BJ’s Restaurants, Inc. will post 1.5 EPS for the current fiscal year.

Analysts Set New Price Targets

BJRI has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of BJ’s Restaurants from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of BJ’s Restaurants in a report on Monday, December 29th. Mizuho increased their target price on shares of BJ’s Restaurants from $39.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Benchmark raised their target price on shares of BJ’s Restaurants from $44.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Barclays lifted their price target on shares of BJ’s Restaurants from $39.00 to $42.00 and gave the stock an “underweight” rating in a research report on Thursday, February 26th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.38.

Check Out Our Latest Stock Report on BJ’s Restaurants

Institutional Trading of BJ’s Restaurants

Several institutional investors and hedge funds have recently bought and sold shares of BJRI. UBS Group AG increased its position in shares of BJ’s Restaurants by 576.9% in the third quarter. UBS Group AG now owns 1,451,883 shares of the restaurant operator’s stock worth $44,326,000 after acquiring an additional 1,237,383 shares in the last quarter. Vanguard Group Inc. boosted its stake in BJ’s Restaurants by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 3,362,763 shares of the restaurant operator’s stock worth $102,665,000 after purchasing an additional 640,648 shares during the period. Arrowstreet Capital Limited Partnership grew its position in BJ’s Restaurants by 233.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 628,445 shares of the restaurant operator’s stock worth $28,029,000 after purchasing an additional 440,078 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in BJ’s Restaurants during the 2nd quarter valued at $13,380,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of BJ’s Restaurants in the fourth quarter valued at $10,863,000. Institutional investors and hedge funds own 99.95% of the company’s stock.

Key Stories Impacting BJ’s Restaurants

Here are the key news stories impacting BJ’s Restaurants this week:

  • Positive Sentiment: Company director C. Bradford Richmond increased his stake with two recent purchases (1,200 shares on Mar 3 at $35.10 and 1,000 shares on Mar 6 at $34.50). Combined, these buys raise insider ownership and can be interpreted as management confidence in the stock’s near-term outlook. Mar 3 SEC Filing Mar 6 SEC Filing InsiderTrades Article
  • Neutral Sentiment: DA Davidson initiated coverage with a “neutral” rating and a $38 price target (roughly mid-single-digit upside from current levels). New coverage can increase trading interest but does not shift consensus sentiment materially. Benzinga Coverage Note
  • Neutral Sentiment: Short-interest data in recent reports shows zeros/NaN (data error or reporting lag) and a 0.0 days-to-cover figure — this appears to be a reporting artifact rather than a meaningful change in short activity. Investors should watch for corrected short-interest releases. (No external link available in the feed.)
  • Neutral Sentiment: Recent quarterly results (Feb. 25) beat EPS and revenue expectations modestly; that fundamental beat supports the longer-term case but didn’t prevent intraday weakness amid higher volume. For background on results and analyst targets, see the MarketBeat summary. MarketBeat BJRI Summary

BJ’s Restaurants Company Profile

(Get Free Report)

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.

Further Reading

Insider Buying and Selling by Quarter for BJ's Restaurants (NASDAQ:BJRI)

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